Growth Metrics

Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026)

Waystar Holding's quarterly Interest Coverage Ratio came in at 3.9 in Q1 2026, up 12.95% year-on-year from 3.45 in Q1 2025, and up 437.89% quarter-over-quarter from 1.15 in Q4 2025.

Waystar Holding has reported Interest Coverage Ratio for 4 years, with the latest figure at 3.9 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio rose 12.95% year-over-year to 3.9; the trailing twelve-month figure through Mar 2026 stood at 50.42 (up 3441.5% YoY), and the FY2025 full-year result was 71.23, up 8320.94% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 3.9, up from 1.15 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 23.44 in Q4 2023, with the low at 1.15 in Q4 2025.
  • Average Interest Coverage Ratio over 4 years is 5.06, with a median of 3.04 recorded in 2024.
  • Peak annual rise in Interest Coverage Ratio reached 2077.48% in 2025, while the deepest fall reached 143.59% in 2025.
  • Tracing WAY's Interest Coverage Ratio over 4 years: stood at 23.44 in 2023, then sank by 88.71% to 2.65 in 2024, then plunged by 143.59% to 1.15 in 2025, then surged by 437.89% to 3.9 in 2026.
  • The last three Interest Coverage Ratio figures came in at 3.9 (Q1 2026), 1.15 (Q4 2025), and 3.44 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn -
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 3.15
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 8.18
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn -
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn -
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 3.90
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn -
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn -
10 Teladoc Health 1.42 Bn 672.39 Mn 562.57 Mn -11.51

Historic Data

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DateValue
Mar 31, 2026 3.90
Dec 31, 2025 -1.15
Sep 30, 2025 3.44
Jun 30, 2025 3.55
Mar 31, 2025 3.45
Dec 31, 2024 2.65
Sep 30, 2024 1.47
Jun 30, 2024 0.16
Mar 31, 2024 0.63
Dec 31, 2023 23.44
Sep 30, 2023 0.63
Jun 30, 2023 18.59